In This Article:
Oct 1 (Reuters) - General Electric Co Chief Executive Officer John Flannery has stepped down and the company will take an impairment charge of about $23 billion related to its power business.
Flannery will be replaced by H. Lawrence Culp, effective immediately. (Reporting by Arunima Banerjee in Bengaluru Editing by Saumyadeb Chakrabarty)